Marked on the Unitary Plan as Zone 12 Business - Mixed Use Zone, this 794 sqm (approx.) block of land occupied by an elegantly mellow weatherboard dwelling, presents some enticing prospects. Sitting on the ridge of a prestigious neighbourhood, this is either a silk purse conversion harnessing all the right attributes to yield good gains for a developer or a significantly renovated family home project. Elevated to capture harbour and Rangitoto Island views, this optimally positioned property could be built up to boost the already significant Waitemata Harbour panorama.

The 345 sqm (approx.) bungalow with ground floor flat has authentic period features including prismatic cross hatched leadlight glazing, sash windows, timber floors, joinery and architraves, and archetypal high stud. Upper level comprises of a central hallway linking a series of separate rooms with the family room having access to a wraparound veranda and formal dining room opening to the front porch. A small office is usefully located beside the front door while two north facing bedrooms access a sunny conservatory with stack back bifold casements. The modern kitchen and two bathrooms are substantially tiled with one bathroom a laundry combination beside the back porch. Downstairs, the self-contained two bedroom, one bathroom flat has a dine in kitchen while the living room opens onto flat lawn. Ample storage includes basement double garage and the huge forecourt has ample off street parking.

The desirable zoning throws up a range of opportunities on a main road close to Eastridge shopping centre as well as beaches, community amenities and public transport links. Now poised to have its potential unlocked, astute buyers are urged to complete due diligence for this transformative opportunity.

Call John & Jane for more information on 0800 ORAKEI

Tender closes on Thursday 3 October at 4pm - 2/78 Coates Ave, Orakei